The importance of understanding the maqasid of shari'ah in the development of Islamic banking and the financial system

• Main Authors: Mohd Noor, Azman, Kamarudin, Ainatul Aqilah, Haron, Muhamad Nasir
• Format: Article
• Language: English; English
• Published: International Islamic University Malaysia 2016
• Subjects: HG1501 Banking
• Online Access: http://irep.iium.edu.my/56583/1/56583_The%20importance%20of%20understanding%20the%20maqasid%20of%20shari%27ah%20_WoS.pdf; http://irep.iium.edu.my/56583/2/56583_The%20importance%20of%20understanding%20the%20maqasid%20of%20shari%27ah.pdf; http://irep.iium.edu.my/56583/; http://journals.iium.edu.my/shajarah/index.php/shaj/article/view/412

This paper will delienate the importance of understanding the maqasid of shari’ah in the development of Islamic banking and the financial system. The objectives of Islamic economics that are in line with the objectives of the maqasid of shari’ah need to be translated into various aspects of wealth a...